Clarksdale, MS—38614
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Clarksdale, MS
Home Price Trends — Clarksdale, MS
As of Oct '25, the median home price in Clarksdale, MS is $43,000, with a year-over-year change of -5.0%. This indicates that home prices in Clarksdale, MS are decreasing. According to Zillow, the 1-year price projection is -5.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $43,000 | -5.0% |
| Single Family | $43,000 | -4.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | $105,000 | -6.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Clarksdale, MS
Clarksdale, MS lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $800 | $763 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $640 | $720 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $850 | $850 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Clarksdale, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Clarksdale, MS is 103. This is a increase of 25.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $130,000 | -18.0% |
Listing Count | 44 | -16.0% |
| Listings as % of Homes | 0.4% | -16.0% |
Days on Market | 103 | 25.0% |
Demographics — Clarksdale, MS
As of the latest ACS Survey released in 2023, Clarksdale, MS has a population of 16,400, which has decreased by -10.8% over the past 5 years. Clarksdale, MS is a popular place for families, as children make up 27.6% of the population. The area has a poorly educated workforce, with 19.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,400 | -10.8% |
% Under 18 | 27.6% | 1.1% |
% Seniors | 16.1% | 6.6% |
% WFH | 10.9% | 541.2% |
% w/ College Degree | 19.2% | -1.5% |
As of the latest ACS Survey released in 2023, Clarksdale, MS is a predominantly black area, with 76.9% of the population identifying as black. The black population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Clarksdale, MS is white, making up 17.7% of the population. Foreign-born residents account for 1.6% of the population in Clarksdale, MS, and this percentage has increased by 220.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 17.7% | -15.3% |
% Black | 76.9% | -1.0% |
% Hispanic | 2.6% | 2,500.0% |
% Asian | 0.3% | -50.0% |
% Foreign Born | 1.6% | 220.0% |
Mortgage and Risk — Clarksdale, MS
According to HUD data as of 2023, there were 97 mortgage originations in Clarksdale, MS, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Clarksdale, MS. Investor activity is low, as 0.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 97 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 0.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Clarksdale, MS
Clarksdale, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1,333 |
Total Units Section 8 | 1,037 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $230 | $640 | $870 |
| 2 Bedroom | N/A | N/A | $980 |
| 3 Bedroom | $520 | $850 | $1,370 |
| 4 Bedroom | N/A | N/A | $1,600 |
Affordability — Clarksdale, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.7 |
| Median Home Price | $43,000 |
| Median Household Income | $36,300 |